An empty high-rise hotel dating to the 1920s in downtown Los Angeles will be brought back to life by new owners who hope to make it into a four-star boutique inn.
The 13-story former Case Hotel on the southeast corner of Broadway and 11th Street was purchased by local developers Frank Stork, the Kor Group and Channing Henry of Alma Development, the buyers said.
They paid Jade Enterprises $13.5 million for the property, according to real estate broker Mike Condon Jr. of Jones Lang LaSalle.
The development team plans to redesign and redevelop the old hotel to make it appeal to leisure travelers and downtown’s growing population of creative professionals, the buyers said.
Completed in 1924, the red-brick and stone-masonry building was once a hub of civic activity. A 1953 story in The Times said the Case Hotel "consists of six floors of guest rooms, six floors of offices, a swimming pool, health club, dining room, three cocktail lounges and garden roof."
However, in a 1965 story about its conversion to a YWCA-operated Job Corps Training Center, the hotel was described as "crumbling."
YWCA Greater Los Angeles opened a new downtown Job Corps facility on Olive Street in 2012 and vacated the old hotel and office building.